2024-10-07T14:16:35-05:00 2023-12-31 461686881 Albanese Sinchar Smith & Co 12875 Route 30 Suite 22 North Huntingdon PA 15642 990 2023-01-01 251000614 Employment Partners Benefits Fund % William L Parry Jr WEST 4123632700 50 Abele Road Ste 1005 Bridgeville PA 15017 WILLIAM L PARRY JR Fund Director 8002420410 2024-10-07 false false JOANNA L SINCHAR P01453357 7248634261 2024-10-07 2023 2024-10-15 13:58:12Z WILLIAM L PARRY JR 50 Abele Road Ste 1005 Bridgeville PA 15017 85492294 false X www.epbfund.com X 1950 PA To provide for the payment of health welfare benefits to eligible members of the participating companies 10 10 6 0 0 56932942 58006493 1802407 2462365 71010 187844 58806359 60656702 0 59189534 67601691 599467 609709 0 0 825536 1022342 60614537 69233742 -1808178 -8577040 88752950 85214135 7078013 5601179 81674937 79612956 To provide for payment of health & welfare benefits to eligible members of participating companies signatory to collective bargaining agreements entered into with Local Unions affiliated with JC #40 & IBT false false N/A false false false false false false false false false false true true false false true true true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false true 79 0 true 6 true false false false false false false false false false false X 10 10 false false false false true true true true true false false true false false true true true false X Board of Trustees 4123632700 50 Abele Road Ste 1005 Bridgeville PA 15017 M E DOUTT Trustee 4.000 X 0 0 0 CHARLES M GASTON Trustee 4.000 X 0 0 0 KEITH J FRANK Trustee 4.000 X 0 0 0 SCOTT J STANLEY Trustee 4.000 X 0 0 0 DOUG J LONGENETTE JR Trustee 4.000 X 0 0 0 RAYMOND J MILLER Trustee 4.000 X 0 0 0 ROBERT J PERKINS Trustee 4.000 X 0 0 0 WILLIAM L PARRY JR Fund Director 40.00 X 136078 0 27903 JEFFREY J O'HARA Trustee X 0 0 0 TAMMY M SABO Trustee 4.000 X 0 0 0 DARRYL P WATT Trustee 4.000 X 0 0 0 136078 27903 1 false true false Buck Global LLC 11 Stanwix Steet Ste 700 Pittsburgh PA 15222 Actuarial 249401 1 58006493 58006493 58006493 1187250 1187250 26110707 24835592 1275115 1275115 0 Subrogration Recoveries 900099 187844 187844 187844 60656702 58194337 1187250 67601691 136078 260018 78314 96606 38693 36879 101847 205182 248043 176798 26400 69730 8408 13168 83217 Bad Debt Expense 34811 PCORI Tax 17859 69233742 0 0 0 457635 433398 8144122 3461629 916365 15117066 116505 118647 115684 80406 38334 35278 78856622 65869193 223367 178924 88752950 85214135 498649 1356356 6579364 4244823 7078013 5601179 X 81674937 79612956 81674937 79612956 88752950 85214135 X -8577040 5030446 1484613 X false true X true false false false false false false false false 23840 23117 723 91844 57289 34555 35278 Mutual Funds 26034494 F Gov Corp Bonds 4431903 F Common Stocks 19171109 F Common Trust Funds 7611138 F Limited Liab Entities 8620549 F 65869193 Oper Lease RightOfUse 178924 178924 Estmt Health Claims IBNR 3909280 Operating Lease Liab 180743 AP for Administrative Exp 154800 4244823 X 65481966 5030446 5030446 60451520 205182 205182 60656702 69028560 69028560 205182 205182 69233742 P10, Ln 2 The trust established to hold the Fund's assets is intended to qualify P10, Ln 2 pursuant to Section 501(c)(9) of the Internal Revenue Code, and P10, Ln 2 accordingly, the trust's net investment income is exempt from income P10, Ln 2 taxes. The Fund has obtained a favorable tax determination letter dated P10, Ln 2 October 24, 1961. The Trustees of the Fund believe the Fund, as amended, P10, Ln 2 continues to qualify and to operate in accordance with applicable P10, Ln 2 provisions of the Internal Revenue Code. P10, Ln 2 U.S. GAAP requires management to evaluate tax provisions taken by the Fund P10, Ln 2 and recognize a tax liability if the Fund has taken an uncertain position P10, Ln 2 that more likely than not would be sustained upon examination by the P10, Ln 2 Internal Revenue Service. The Trustees have analyzed the tax postions P10, Ln 2 taken by the Fund and have concluded that as of December 31, 2023 and 2022, P10, Ln 2 there are no uncertain positions taken or expected to be taken that would P10, Ln 2 require recognition of a liability or disclosure in the financial P10, Ln 2 statements. The Fund is subject to routine audits by taxing jurisdictions; false false false false false false false false false M E DOUTT Trustee CHARLES M GASTON Trustee KEITH J FRANK Trustee SCOTT J STANLEY Trustee DOUG J LONGENETTE JR Trustee RAYMOND J MILLER Trustee ROBERT J PERKINS Trustee WILLIAM L PARRY JR Fund Director 136078 27903 163981 JEFFREY J O'HARA Trustee TAMMY M SABO Trustee DARRYL P WATT Trustee Part VI Line 6 The organization has members, all are considered non-equity members. Part VI Line 7a The President of Joint Council 40 and the President of Local 249, Part VI Line 7a both members of the Fund, appoint the Union Trustees. Part VI Line 7b The Board of Trustees are appointed to make decisions on behalf of the Part VI Line 7b members. Part VI Line 11b It is the intent of the organization to always present the Form 990 to the Part VI Line 11b Full Board of Trustees before it is filed. Part VI Line 15a or b The Board of Trustees review and approve the annual salaries and bonuses of Part VI Line 15a or b key employees. Part VI Line 19 The organization makes all other governing documents and policies Part VI Line 19 available upon request. Part XI Line 9 Claims Payable and Due to Insurers: (857,707); Increase / Decrease in the Part XI Line 9 incurred but not reported: 2,342,320; Total other changes to Net Assets Part XI Line 9 1,484,613